Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Bought by Powers Advisory Group LLC

Powers Advisory Group LLC increased its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 196.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,196,396 shares of the company’s stock after acquiring an additional 793,383 shares during the period. Schwab US Large-Cap ETF comprises about 13.9% of Powers Advisory Group LLC’s investment portfolio, making the stock its biggest position. Powers Advisory Group LLC owned 0.18% of Schwab US Large-Cap ETF worth $27,732,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brass Tax Wealth Management Inc. acquired a new stake in Schwab US Large-Cap ETF during the third quarter valued at approximately $3,040,000. B. Riley Wealth Advisors Inc. boosted its stake in Schwab US Large-Cap ETF by 4.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock valued at $7,469,000 after buying an additional 5,035 shares in the last quarter. Howard Capital Management Group LLC acquired a new stake in Schwab US Large-Cap ETF in the 3rd quarter valued at $209,000. Anchor Investment Management LLC grew its position in Schwab US Large-Cap ETF by 8.1% in the third quarter. Anchor Investment Management LLC now owns 375,706 shares of the company’s stock valued at $25,492,000 after acquiring an additional 28,277 shares during the period. Finally, World Investment Advisors LLC raised its stake in Schwab US Large-Cap ETF by 12.5% during the third quarter. World Investment Advisors LLC now owns 50,196 shares of the company’s stock worth $3,406,000 after acquiring an additional 5,575 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $24.01 on Friday. The company’s fifty day moving average is $23.68 and its 200-day moving average is $22.76. Schwab US Large-Cap ETF has a 52 week low of $19.08 and a 52 week high of $24.23. The company has a market capitalization of $15.65 billion, a PE ratio of 26.53 and a beta of 1.02.

About Schwab US Large-Cap ETF

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.